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03/26/2014

CUNA to attend White House GSE reform meeting

CUNA News Now Headlines 03/26/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CUNA participates in today's White House GSE reform meeting

As the attention of the Senate Banking Committee is dominated by preparations for a vote on its housing finance reform bill, White House staff continues to conduct meetings with stakeholders, like CUNA, on policy concerns. More

Mobile banking use jumps to one-in-three, Fed report says

The number of consumers that used mobile phones to access credit union and bank accounts in 2013 rose to 33%, a sharp, five-percentage-point increase over 2012's total, the Federal Reserve Board said in a report released Tuesday. More

CFPB: 80% of payday loans renewed or followed by more loans

More than 80% of short-term loans taken out at payday lenders are rolled over or followed within two-weeks by another loan, according to a new Consumer Financial Protection Bureau report. More

New York Assembly passes prize-linked savings bill

A bill that would allow New York credit unions and other financial institutions to establish prize-linked savings accounts was passed by the New York State Assembly Monday. More

Morgan resigns as Alabama CU administrator

Alabama Credit Union Administration Administrator Larry Morgan has resigned, the League of Southeastern Credit Unions reported Tuesday. More

150 legislators take part in Maine Annual CU Day

It was one of the largest turnouts in years: Nearly 100 representatives of credit unions mixed and mingled with 150 members of the Maine Legislature during Maine's Annual Credit Union Day at the State House last week. More

Filene report: Sustainability can foster CU growth

By embracing sustainability, credit unions have an opportunity to attract and retain younger members, create innovative loan-growth opportunities and reduce the risk of losing market share to banks, a new report from the Filene Research Institute claims. More

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CUNA to take on the future of payments in Las Vegas this spring

Big Data, Bitcoin, Mobile Payments - what does it all mean, where is it going and how can you stay one step ahead? Meet with top providers and more than 20 of the largest credit unions in the nation at CUNA Payments Roundtable, May 5-6, 2014 in Las Vegas, for discussions to explore the implications for the new era of payments systems and shape our industry’s approach to payments as a whole.

Discussion topics will include:

Know where you stand in the new payments arena. Register today.

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